Dahlman Rose Provides Color on FMC Technologies

Dahlman Rose provided color on FMC Technologies FTI. In a research report published today, the rating agency commented on the company's Q2 earnings. In the report, Dahlman Rose states, “FMC Technologies reported 2Q11 EPS of $0.39 per share, below our estimate of $0.41 and above consensus of $0.38. Management maintained its prior full-year guidance of $1.60 to $1.70 for 2011.” At the moment, Dahlman Rose has a Hold rating placed on the company's stock. On Monday, FTI added 0.15% to its value to end the day at $46.23. Its shares continued to climb in today's pre-market trading, rising 1.28% to stand around $46.23.
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Posted In: Analyst ColorAnalyst RatingsDahlman RoseEnergyOil & Gas Equipment & Services
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